Avoid Siemens, says Sudarshan Sukhani

Avoid Siemens, says Sudarshan Sukhani of s2analytics.com.

Sukhani told CNBC-TV18, "Avoid Siemens just because it goes up for one day tells us nothing at all. These are not the stocks that are going to participate in the ongoing rally. So just stay away and it is part of the capital goods sector which is a distinct underperformer."
He further added, "There are trades on the long side in Ultratech Cement as well as in ACC, so I would assume that these trades will persist. It is possible to enter them, just wait for a good location, some kind of compression or consolidation. So there are more moves on the upside in the cement sector."